Trend Analysis: Performs linear regression on short term (20 day), intermediate term (60 day) and long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists. The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
TrendTermSlopeTodays ValuerSquare
Tops Long -0.24 70.12 0.63
Bottoms Long -0.36 52.68 0.87
Tops Intermediate -0.48 61.35 0.92
Bottoms Intermediate -0.12 62.98 0.14
Tops Short -0.12 65.60 0.07
Bottoms Short 0.48 69.11 0.93
alerts
Intermediate Term Bullish Breakout